Oldendorff takes another post-panamax

Oldendorff takes another post-panamax

German shipping mammoth Oldendorff has been tipped by brokers as the buyer of a Seacon post-panamax bulker.

Oldendorff is believed to have paid just under $14m for Seacon’s only post-panamax, the 229m long Royal Maybach.

Oldendorff’s fleet features 24 post-panamaxes, a sector it started to build up just three years ago.

The German shipping giant has had a busy 2019. Last week it announced it had completed a total of 23 deals with three Chinese leasing companies in the past 12 months.

Hans Thaulow

Hans Henrik Thaulow is an Oslo-based journalist who has been covering the shipping industry for the last 15 years. As well as some work for the Informa Group, Hans was the China correspondent for TradeWinds. He also contributes to Maritime CEO magazine. Hans’ shipping background extends to working as a shipbroker trainee with Simpson, Spence & Young in Hong Kong.

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